Sonoma Valley Education Foundation

Analysis

Sonoma Valley Education Foundation is a registered charity in United States, based in Sonoma, CA. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sonoma Valley Education Foundation reported income of $1.2m and spending of $1.0m, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.8m to $1.2m (-33%), an average of -13% a year. The sharpest change came in the year to June 2022, when income dropped by 22%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sonoma Valley Education Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Texas Masonic Charities Foundation ($1.2m), Cause Communications ($1.2m) and Love Your Neighbor Projects Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $119k (12% of expenses). Other salaries and wages came to $176k. At year end it held assets of $783k against liabilities of $33k, net assets of $750k. It reported 4 employees.